Nerd's Eye View

MAY 12, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that a recent study found that clients of advisors providing comprehensive planning services are significantly more satisfied than those receiving a lower tier of service. The study also highlighted the importance of advisors taking the time to build trust with clients and to understand a client’s goals and needs, as this can not only differentiate an ad

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Financial Planner Tax Planning Clients Taxes 205

The Big Picture

MAY 12, 2023

I had a very fun conversation with my friend Roben Farzad about the business of culture, the culture of business, media and technology, markets and politics, Hollywood, the economy, investing and so much more. “I’m Roben Farzad, my guest this week is esteemed polymath and Wall Street watcher Barry Ritholtz on bank failures and human nature remote work surprising relationship to productivity Twitter under Elon Musk and markets seeking new leadership and lots more do stay with us.

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Media Economy Banking Investing 200

The Reformed Broker

MAY 12, 2023

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Dion Rabouin, and Downtown Josh Brown discuss inflation, the Fed, the labor market, Robinhood earnings, the advent of 24/7 trading, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods! Listen here: Apple podcasts Spotify podcasts Google podcasts Everywhere else!

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Marketing Marketing 189

Abnormal Returns

MAY 12, 2023

The biz A sign of ad weakness for top-end podcasts. (semafor.com) Podcast advertising is growing quickly, just slower than expected. (hollywoodreporter.com) Venture capital Howard Lindzon talks with Jeff Richards of GGV Capital about positioning for the new venture landscape. (howardlindzon.com) LibertyRPF talks with Jim O'Shaugnessy about what he sees for O’Shaughnessy Ventures.

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Advertising Startup Wealth Management Assets 167

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

Accounting

The Big Picture

MAY 12, 2023

My end-of-week morning train WFH reads: • The Home Buyer’s Quandary: Nobody’s Selling : Many are ready to move but don’t want to lose the low-rate mortgages they locked in a few years ago, crimping the supply of homes and keeping prices high ( Wall Street Journal ) • Inflation Is Predictably Bad. That’s Progress. Rapidly rising prices have become a “known known” that the central bank and investors can incorporate into their decisions.

Economics 141

Economics Economy Accounting Banking 141

A Wealth of Common Sense

MAY 12, 2023

Financial success comes from some combination of hard work, discipline, patience and luck. That last piece is usually the biggest wild card. If you started investing in the early-1980s, you experienced 20 years’ worth of phenomenal returns from both stocks and bonds. If you started investing in the early-1960s, you experienced 20 years’ worth of rising rates and inflation which led to muted stock and bond retu.

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Marketing Marketing Investing Investments 130

Advisor Perspectives

MAY 12, 2023

Depending on your financial situation, you may qualify for a subsidized loan or an unsubsidized loan. Here’s the breakdown of subsidized and unsubsidized loans, along with how to get each of them.

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Wealth Management

MAY 12, 2023

Also, TIFIN Wealth will offer free access to its platform to NAPFA-aligned advisors and Canadian firms Conquest Planning and Wealthsimple have announced a partnership.

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Planning 107

Calculated Risk

MAY 12, 2023

Today, in the Calculated Risk Real Estate Newsletter: Part 2: Current State of the Housing Market; Overview for mid-April A brief excerpt: Yesterday, in Part 1: Current State of the Housing Market; Overview for mid-April I reviewed home inventory and sales, and mortgage delinquencies. Other measures of house prices indicated year-over-year slowing or further declines in March.

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Marketing Marketing Numbers Sales 100

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As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

Banking

Wealth Management

MAY 12, 2023

Advisors on the Envestnet platform use allocation models, company executives say. Building ETFs that combine passive investments with active management for those models is the next logical step.

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Management Investing Investments 103

MarketWatch

MAY 12, 2023

General Motors Co. GM said it would recall nearly 1 million SUVs in the U.S. due to a defect that risked causing the front driver’s side air-bag inflator to burst when activated, Reuters reported on Friday. Dealers will replace the component in question, Reuters said. The move affects nearly 995,000 Buick Enclave, Chevrolet Traverse and GMC Acadia automobiles with model years between 2014 through 2017, Reuters said.

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Marketing Marketing 98

Wealth Management

MAY 12, 2023

Envestnet CEO Bill Crager discusses the importance of integrating data, generating insights and leveraging technology to offer a seamless financial management experience for clients.

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Clients Management 103

Advisor Perspectives

MAY 12, 2023

The May preliminary report for the Michigan Consumer Sentiment Index came in at 57.7, down 5.8 (9.1%) from the April final. This morning's reading was well below the Investing.com forecast of 63.0. Since its beginning in 1978, consumer sentiment is 32.3% below its average reading (arithmetic mean) and 31.4% below its geometric mean.

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Speaker: Joe Buhrmann, MBA, CFP®, CLU®, ChFC® Senior Financial Planning Practice Management Consultant eMoney Advisor

During an era of evolving consumer preferences, the banking sector is undergoing a profound shift. As customers continue to broaden their perspectives, banking professionals must support their customers' financial wellness by providing holistic financial advice that aligns with individual goals and circumstances. Without adapting, financial institutions will find that loyalty may crumble amid uncertainty.

Financial Advice

Calculated Risk

MAY 12, 2023

From STR: STR: U.S. hotel results for week ending 6 May U.S. hotel performance showed mixed results from the previous week but grew year over year, according to STR‘s latest data through 6 May. 30 April through 6 May 2023 (percentage change from comparable week in 2022): • Occupancy: 65.2% (+2.0%) • Average daily rate (ADR): US$157.62 (+6.4%) • Revenue per available room (RevPAR): US$102.74 (+8.4%) emphasis added The following graph shows the seasonal pattern for the hotel occupancy rate using t

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NAIFA Advisor Today

MAY 12, 2023

What does it take to be a winner? Who would know better than Advisor Today 4 Under 40 winners? A recent article at InsuranceNewsNet.com appropriately titled "Tips for Financial Advisors: What It Takes to Be a Winner" features Kathleen Owings, LACP, 4 Under 40 class of 2018 , and Brian Haney, CLTC, CFS, CIS, CFBS, LACP, LUTCF, CAE, RF, class of 2017 , discussing some of the things they did to achieve career success.

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Financial Advisor 96

Integrity Financial Planning

MAY 12, 2023

If you are aging and unsure about your options for in-home care as you get older, this article is for you. We’ll also cover the pros and cons of hiring help through an agency and doing it yourself. The most important thing to understand is the basics. If you are a home-bound individual or have a home-bound loved one, there are two types of care available: home care services and home health services. [1] Home health covers things such as: Physical therapy Occupational therapy Speech therapy Skill

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Medical Financial Guidance Financial Planning Insurance 93

Alpha Architect

MAY 12, 2023

This article examines the research conducted by Dimensional to determine the efficacy of an industry or country approach to factor investing. Pursuing Factor Premiums at the Industry and Country Level was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.

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Investing Investments 86

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Digital platforms can provide you with plenty of solutions, yet many are still intimidated by them. It's time to end that worry and embrace what could make a major difference for your bank. Understanding how they work and how to best utilize them for your banks is key toward success. In this article, Biz2X breaks down all things digital platforms, including the many advantages of embracing them.

Banking

Wealth Management

MAY 12, 2023

Russell Feldman, co-founder and CEO of IMTC details the technological shift happening in the fixed income market.

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Marketing Marketing 102

Advisor Perspectives

MAY 12, 2023

We are presented with this decision in finance a lot. There is a small probability of something bad happening and a large probability that everything will be fine. What do you do to insure yourself against something bad happening? Because there is no such thing as a free lunch.

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Insurance 81

Wealth Management

MAY 12, 2023

This series discusses the new business models that have emerged to support independent financial advisors.

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Financial Advisor 98

MarketWatch

MAY 12, 2023

Sarepta Therapeutics Inc. stock SRPT was halted premarket Friday, ahead of a meeting of a Food and Drug Administration advisory panel to discuss the company’s SRP-9001 gene therapy for the rare genetic disorder Duchenne muscular dystrophy, or DMD. DMD typically affects boys. Symptoms that appear in early childhood include frequent falls, difficulties getting up or running and learning disabilities, and patients have a life expectancy of about 27.

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Healthcare Food Marketing Marketing 75

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All accounting teams know what it is like to dread the inevitable month-end scaries. If there was a way to feel less burdened and maybe even a little enthusiastic to work on your month-end close and reconciliation process, would you do it? No, don't answer that, of course you would! Automate your month-end close process by up to 40% with SkyStem's ART and see how much more alive you feel!

Accounting

Advisor Perspectives

MAY 12, 2023

I've updated this series to include the April release of the consumer price index as the deflator and the monthly employment update. The latest hypothetical real (inflation-adjusted) annual earnings are at $48,368, down 8.3% from 50 years ago. Hourly earnings are below their all-time high after adjusting for inflation.

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MarketWatch

MAY 12, 2023

Tesla Inc. TSLA will recall 1.1 million cars sold or imported to China from January 2019 to April owing to a brake defect, the country’s State Administration for Market Regulation said in a statement on Friday. The Chinese regulator said the autos will need software updates from the electric-car maker, though it wasn’t clear if Tesla will need to refund drivers or would be offering any refunds.

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Marketing Marketing 75

Clever Girl Finance

MAY 12, 2023

Imagine you make enough money through investments and savings that you can retire early. You now have time to pursue passion projects or travel full-time. To make that goal into a reality, you need to learn how to FI or achieve financial independence. Table of contents What is FI (financial independence)? What is FIRE? The FI formula How to FI: 5 Steps to reach financial independence Expert tip Understanding your financial independence number Determining your years to FI How many years until rea

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Retirement Numbers Insurance Accounting 59

MarketWatch

MAY 12, 2023

Wheat futures climbed on Friday, with prices looking to post their first gain in five sessions after the U.S. Department of Agriculture lowered its U.S. all-wheat yield projection and forecast that domestic ending stocks would be at their lowest in 16 years. The latest monthly World Agricultural Supply and Demand Estimates reported projected the all-wheat yield for the 2023/2024 marketing year at 4.7 bushels per acre, 1.8 bushels lower than last year.

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Marketing Marketing 75

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Creating a winning digital lending experience requires plenty of focus on the needs of customers and more. Biz2X Chief Product Officer Aaron Traub covers everything from how to create such an experience, areas to hone in on, pitfalls to avoid, and plenty more in this insightful article. Discover how to utilize new technology without alienating existing customers, what to emphasize when working on your platform, and how to utilize the data at your disposal while not becoming overly reliant on it.

Communication

Norman Marks

MAY 12, 2023

I love to tell the story of Juliano. His father, Julio, was the manager of a hotel on the Adriatic coast of Italy that my family visited several times. Julio then purchased a hotel of his own near Rimini (not far away). It was there that I met his young son, Juliano.

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Management Compliance Government 58

Wealth Management

MAY 12, 2023

Despite crypto-winter, crypto giving trends may recover.

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Nonprofit Assets 102

Advisor Perspectives

MAY 12, 2023

Over the next decade, the total return for U.S. or global equities will be nearly zero, according to Felix Zulauf.

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